United States
Bessent says child savings accounts in Trump law are ‘a back door for privatizing Social Security’
Jul. 30, 2025
WASHINGTON (AP) — The children’s savings program included in President Donald Trump’s tax break-and-spending cut law “is a back door for privatizing Social Security,” Treasury Secretary Scott Bessent said Wednesday. Bessent’s remark, which he made at a forum hosted by Breitbart News, was striking after Trump’s repeated promises that he would not cut Social Security. […]
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